Let's be honest -- Donald Trump is a loser. Count all his failed businesses. See how he kept his father's empire afloat by cheating people with scams like Trump University and by using strategic corporate bankruptcy (excuse me, bankruptcies) to skip out on debt. Listen to the experts who've concluded he's so bad at business that he might have more money today if he'd put his entire inheritance into an index fund and just left it alone.

Trump seems to know he's a loser. His embarrassing insecurities are on parade: petty bullying, attacks on women, cheap racism, and flagrant narcissism. But just because Trump is a loser everywhere else doesn't mean he'll lose this election. People have been underestimating his campaign for nearly a year -- and it's time to wake up.

People talk about how "this is the most important election" in our lifetime every four years, and it gets stale. But consider what hangs in the balance. Affordable college. Accountability for Wall Street. Healthcare for millions of Americans. The Supreme Court. Big corporations and billionaires paying their fair share of taxes. Expanded Social Security. Investments in infrastructure and medical research and jobs right here in America. The chance to turn our back on the ugliness of hatred, sexism, racism and xenophobia. The chance to be a better people.

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More than anyone we've seen before come within reach of the presidency, Donald Trump stands ready to tear apart an America that was built on values like decency, community, and concern for our neighbors. Many of history's worst authoritarians started out as losers -- and Trump is a serious threat. The way I see it, it's our job to make sure he ends this campaign every bit the loser that he was when he started it.

Elizabeth Warren was assistant to the president and a special adviser to the Treasury secretary on the Consumer Financial Protection Bureau. She single-handedly set us this bureau, putting in place the building blocks for an agency that will (more...)